Town of Tarboro Council Meeting Agenda May 11, 2026
Three-Year Municipal Stadium Lease Proposed With TMSPF
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Description
The Town of Tarboro is considering a three-year lease and concession agreement with the Tarboro Municipal Stadium Preservation Foundation to manage Municipal Stadium. The proposed deal includes $4,500 in annual base rent plus per-event fees and reimbursement for specified field preparation materials from May 23, 2026 through May 23, 2029.
Contract Details
Contract Amount
$4,500 per year base rent plus $250 per off-schedule event and materials at set unit rates
Vendor
TARBORO MUNICIPAL STADIUM PRESERVATION FOUNDATION
Agency
Town of Tarboro, NC
Contract Type
FACILITIES
Document Date
May 11, 2026
Contract Term
May 23, 2026 through May 23, 2029 (three seasons)
Renewal Date
2029-05-23
Renewal Info
Lease may be renewed at the end of the initial three-season term by mutual agreement for an additional three seasons under mutually satisfactory terms.
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